On 18 June 2014, the Board of Governors of the Federal Reserve System (“Federal Reserve Board”) issued a statement from the Federal Open Market Committee (“FOMC”) which included economic projections from the FOMC meeting held from 17-18 June 2014.

The full text of the FOMC statement is available at: http://www.federalreserve.gov/newsevents/press/monetary/2014monetary.htm.